PIA Press Release2008/02/29

Property owners admit lack of aggressiveness to support IT industry

Davao City (29 February) -- A business leader who is also a property owner in Davao City admitted they still lack the aggressiveness to support the IT industry of the city by not leading the investments in real property where businesses related to the industry could be housed.

Davao City Chamber of Commerce and Industry, Inc. (DCCCI) chair Simeon Marfori who also came from a family that owns real properties within the heart of Davao City said he was equally guilty as a landowner.

"What are we doing with this resources," he said.

He said owners of land in Davao City comprise the big part of the key that will unlock more of the growth of the city.

"Let us make this land available," he said and encouraged fellow landowners to look at the industry in view of the businesses.

He said that with the BPO, they can benefit more from it.

Davao City, he said, has the infrastructure to support BPO with some improvements.

These investors are ready to come to Davao and willing to locate regional rates for sites which are lower than the Makati properties.

"It is easier for them to move around here plus the fact that the talent supply is right here in our city," he said.

He said with big universities here where three of them belong to the top schools of the country, they are assured of human resource that would supply their operation.

He is thankful for the aggressiveness of the IT industry sector of Davao who never stop finding their way and reaching out to people that will help move the industry. (PIA) [top]